MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: t2 who wrote (77124)	5/16/2001 8:30:46 PM
From: eichler	Read Replies (2) of 99985

NV, I'm thinking now that the cat is out of the bag...that the rally is on... the next likely target for the compx would be the 62% retrace of the jan high to april low which looks to be around 2380. I'll be focusing on that. Given the action of the SnP and Dow, looks like the 50% retrace level (5/2 high of 2232) should get taken out soon (tomorrow?). Interesting action this week so far! Regards, Eichler

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